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20110312
20110312
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CSPAN 2
CSPAN2 1
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CSPAN
Mar 12, 2011 10:00am EST
stopped buying our debt? what happens to interest rates? what happens to the u.s. economy? in the markets will absolutely devastate us if we do not step up to this problem. the problem is real, the solutions are painful, and we have to act. >> alan, do you want to add to that? >> i would just a -- i know it is repetitive, if you can understand hear what the people of america as we travel around and we do stuff. we go to the business council, we go to the conservative group in dallas, the economic club of new york, and wherever we go, people get it. then we tell them that if they just go to the internet and to go www.fiscalcommision.gov, it is 67 pages. if we leave that out they will never read it. it was not written for patents or politicians or panderers, it was written for the american people. it uses terms like "groing broke" and "shared sacrifice." there has never been any sacrifice required of the american people since world war ii except for our military, and god bless them, and they chose to do it. they are volunteers. so when somebody says, you cannot use that word. well, the amer
CSPAN
Mar 12, 2011 7:00am EST
president william millar. frank gaffney talks about the u.s. response to the civil war in libya. and a look at the problem of bullying in schools with francisco negron of the national school board association. >> video this morning courtesy of al-jazeera. this is the nuclear reactor in japan. according to the associated press, an explosion there destroyed a building housing the reactor. and also there are fears that it could melt down after being hit by the earthquake and tsunami there in japan. again, those reports saying that large amounts of radiation were coming out in the evacuation around the plant expanded. but officials didn't know how dangerous at this time the leak was to people. again that courtesy there from al-jazeera this morning of the plant. now, in related use, there are also reports this morning as far as those who are affected, 1,300 dead, 2,000 people in emergency shelters. as you see there, people waiting on top of buildings to be rescued by various means this morning. this courtesy of n.h.k. and also there and 50,000 emergency crews. we registered in findin
CBS
Mar 12, 2011 6:00am EST
a closer look at some of the damage on the west coast of the u.s. >>> back here in maryland the rain has passed, but still there were big flooding concerns in parts of the state overnight. the dam on the susquehanna river rose above flood stage. 23 floodgates are still open and the dam is operating under spill conditions. but the water levels are expected to recede as the morning moves on. people in nearby areas were taking the uncertainty in stride. >> well, this has been here for about 300 years, this little town, and its still here. it's flooded a lot of years. so i don't think it's going anywhere any time soon. >> it was a similar scene elsewhere in the state yesterday. in frederick county, wide stretches of roads were under water. submerging some pastures and cropland. warnings went out early enough to avoid rescue and property damage. >>> the actress who starred at snoop on the hbo series the wire remains behind bars this morning. a judge denied felicia pierson bail on charges of conspiring to sell heroin. she and 63 others were arrested this week in a wide ranging drug sweep. the
CSPAN
Mar 12, 2011 9:00am EST
to exchange u.s. debt for state that? >> guest: profoundly important. this went into effect. all of the unrest in the states was in part a response to the taxation of the 1780s where the states were trying to retire their revolutionary war debt by taxes on land, a multiple of what they had been before and the people were very rested but hamilton proposed a brilliant idea, that all the state debts would become a natural death. national debt. he would issue bondss on the united states. a 4% rather than 6%. and didn't have to pay the principal we believe. all you had to pay was the interest. you could do that on the revenue that was coming and on the imports plus some excise taxes and the unfortunate run on whiskey. if basically what he did was to relieve a component of their budget which was the majority what we were raising money for. when the state and loggerhead to pay off their revolutionary war debt they no longer had to impose these taxes and the country became much more peaceful. >> host: next call from john in dallas. >> i'm reading about the history of propaganda in america. stuart spea
Search Results 0 to 3 of about 4